Outsourcing all or much of a company’s logistics operations to a specialized company.
Third-party providers specialize in warehousing and distribution. They provide cross-dock services that consolidate truckloads of goods and order picking that creates loads.
An outsource strategy that involves hiring another company to manage your supply chain. A third-party logistics (3PL) provider uses its assets, such as warehouses or vehicle fleets, to manage your supply chain. A fourth-party logistics provider also subcontracts others and manages those contractors on behalf of its client.
Companies that specialize in performing, logistics-related services for its customers. Examples include warehouse, transportation, and product assembly.
A buyer and supplier team with a third party that provides product delivery services. This third party may provide added supply chain expertise.
A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part or sometimes all of their supply chain management function. Third party logistics providers typically specialize in integrated warehousing and transportation services that can be scaled and customized to customer’s needs based on market conditions and the demands and delivery service requirements for their products and materials.